"The lines are now drawn on a political hot button in Iowa: a lucrative tax break for wind energy. Mitt Romney is against it, President Barack Obama favors it — opposing stances that could have political and economic implications in Iowa, which has more wind energy jobs than any other state in the nation."
"The wind production tax credit is big deal because it bolsters the market for more turbines and towers.
Advocates for the tax break say jobs would be at risk if it disappears. Critics of the tax break, which will cost the federal government $1.6 billion this year, say it’s time for energy producers to make it on their own without government subsidies."
Jennifer Jacobs reports for the Des Moines Register July 30, 2012.
SEE ALSO:
"Romney Comes Out in Firm Opposition To PTC Extension" (E&E Daily)
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